Multiple Choice
If motorcycle riders decide to send text messages without considering the costs imposed on others, the:
A) number of text messages sent while riding will be more than the socially optimal quantity.
B) number of text messages sent while riding will be fewer than the socially optimal quantity.
C) marginal social cost curve will lie below the marginal cost of production curve.
D) marginal social benefit curve will lie below the marginal social cost curve.
Correct Answer:
Verified
Correct Answer:
Verified
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